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    Nasarawa Assembly Passes N402.5bn 2025 Budget

    Olu AnisereBy No Comments1 Min Read
    Nasarawa Assembly Passes N402.5bn 2025 Budget

    Nasarawa Assembly Passes N402.5bn 2025 Budget

    The Nasarawa State House of Assembly on Friday passed the 2025 Appropriation Bill of N402.5 billion.

    Gov. Abdulahi Sule had on Nov. 29, presented a budget of N382.5 billion to the assembly for consideration. The assembly, however, increased the budget, christened “Budget of Economic Growth and Stability” by N20 billion.

    Mr Danladi Jatau, Speaker of the assembly attributed the increase in the budget to the current economic situation and inflation in the country.

    “This House approved the upward review of the budget size by N20 billion to enable government meet with the current economic reliaties in the country.

    “The sum of N402.5 billion has been passed by this assembly as the budget for 2025. “The budget covers N166.4 billion for recurrent expenditure and N236.2 billion will go into capital expenditure.

    “This appropriation bill, if assented to by the governor will enable the government execute people’s oriented projects for the overall development of the state,”Jatau said.#Nasarawa Assembly Passes N402.5bn 2025 Budget#

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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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